CONDITIONS IN GERMANY.

Hawera Star, Volume XLVIII, 25 October 1924, Page 13

CONDITIONS IN GERMANY.

REPORT BY MEAT PRODUCERS’ BOARD. Writing on September G the Board’s Continental representative says: “The internal economic conditions of Germany have continued steadily to improve since the stabilisation of the currency was determinedly taken in hand last November. Although a great many of the evil effects of the inflation period are still to be observed, a healthier tone appears to be gaining ground in business life. At the markets. which I visit frequently, bn si- I ness proceeds, in normal ways again, j except that the shortage of money and '■redit is very evident. Butchers buy from hand to mouth; farmers are also short of cash, mainly owing to low; ori-et- for produce coupled with high taxation. The economic position +->wards the external world has pvi | dencerl an improvement already sine" [the close of the London Conference ‘ «-ond deal of private foreign capital is i Stirling investment in Germany, which helns to ease the financial strain 7* is expected .that when the international loan has been floated and the credit 1Jccjned i-T(dpv it ha’-e filtered' down +n '■nrnmer"bl transactions, a much eas - e’ - i tone will prevail.”